Republic of Yemen

Construction of a Second Ma’rib Gas-Turbine Power Generating Station and Expansion of the Transmission Grid (Supplementary Loan)
Loan No: 564 Interest Rate: 2.5 %
Beneficiary: Public Electricity Corporation (PEC) Grace Period: 5 years
Project Cost: KD 158.4 million Maturity: 25 years
Amount of Loan: KD 43.0 million Repayment: 41 semi-annual installments
Date of Board Approval: - First Installment: 5 years following the first disbursement
Date of Loan Agreement: 2011-03-06 Date of Loan Effectiveness: 2011-07-13